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Esteemed Contributor
MyGirlsMom
Posts: 5,758
Registered: ‎03-09-2010

Re: Shoes on Sale: 80%? Didn't it used to be 100% of net proceeds?

‎10-23-2015 11:51 PM

80%  of sales is greater than net proceeds.

 

Net Proceeds can be what's left after expenses.

 

 

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Esteemed Contributor
wildcat fan
Posts: 7,210
Registered: ‎03-23-2010

Re: Shoes on Sale: 80%? Didn't it used to be 100% of net proceeds?

‎10-24-2015 12:18 AM

It's been 80% for a few years, but I do believe when they started several years ago they said 100%.

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Respected Contributor
jonbon
Posts: 3,922
Registered: ‎03-09-2010

Re: Shoes on Sale: 80%? Didn't it used to be 100% of net proceeds?

‎10-24-2015 01:31 AM

@MyGirlsMom wrote:

80%  of sales is greater than net proceeds.

 

Net Proceeds can be what's left after expenses.

 

 

That's what I suspected, or at least that it's roughly the same amount.

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